Connect with us


Tan Sri Muhyiddin Yassin Announces PTPTN Payments Suspended 6 Months Amid Covid-19 MCO



Tan Sri Muhy - World Of Buzz
Source: APUOnline & StraitsTimes

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Amid the Covid-19 crisis and Movement Control Order, our newly appointed Prime Minister, Tan Sri Muhyiddin Yassin has recognised the struggles of our fellow Malaysians.

In a press conference, he announced that starting today, the 23rd of March, PTPTN payments are hereby suspended in order to help Malaysians get by during the movement restriction. The deferment of the loan repayment involves a total collection amounting to RM750 million and will benefit nearly 1.5 million PTPTN lenders.

Ptptn 1

The suspension will be effective up until the 30th of September, 2020.

In addition to the deferment, Tan Sri Muhyiddin Yassin has other plans in the works that assist Malaysians through this difficult time.

“In addition to these initiatives that I have announced, the government is also considering additional measures to help the people in difficult situation at this time,” he said.

Considering the effect of grocery hoarders on everyone else, we genuinely hope that the government adds in an initiative that’ll figure out a way to ensure that every citizen has access to equal rations of food items.

What do you think about this? Let us know in the comment section.


Also read: Another Covid-19 Related Death Reported In M’sia, Bringing Total Number of Deaths To 11

- World Of Buzz

Source: APUOnline

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just In

Pjimage 2021 08 03T183409.414 Pjimage 2021 08 03T183409.414
News11 hours ago

JUST IN: UMNO Revokes Support From PN Government, Muhyiddin Loses Majority Vote

While the country came to a minor standstill last week after the YDPA essentially called out the Perikatan Nasional government...

Shamsul Shamsul
News11 hours ago

JUST IN: Shamsul Anuar Resigns As Minister Of Energy & Natural Resources

Datuk Seri Dr Shamsul Anuar Nasarah has resigned from his position as Minister of Energy and Natural Resources as of...

Scam2 Scam2
News1 day ago

Woman Scammed Of RM11,700 After ‘Virtual Lover’ Asks Her To Pay His Quarantine Costs In M’sia

A woman in her 30s from Kelantan was scammed of RM11,700 after she was tricked by a ‘virtual lover’ to...

States Into Third Phase States Into Third Phase
News1 day ago

Perlis, Sarawak & Labuan To Move On To Phase 3 Of PPN, Most Businesses & Dine-In Allowed

<cries in Selangor> It’s time to be honest, if interstate travel was allowed, we would be moving to these states....

An San Tokyo 2020 Short Hair An San Tokyo 2020 Short Hair
News2 days ago

S.Korean Male Netizens Demand An San’s Gold Medals To Be Returned As She’s A “Short-haired feminist”

What do we feel when our nation’s athletes win an Olympic medal? We would definitely feel happy and proud that...

Belarus Sprinter Belarus Sprinter
News2 days ago

Belarus Sprinter Forced To Leave Tokyo 2020 Olympics After Speaking Out Against Coaches

Belarusian sprinter, Krystsina Tsimanouskaya refused to board a plane home on Sunday (1 August) after being forced to leave following...

Dr Noor Hisham Parliament Dr Noor Hisham Parliament
News2 days ago

Contagious Delta Variant Might Be In The Parliament, Says Health DG

29 July was a momentous day for Malaysians as a series of events led to the closure of the parliament...

Opp Mp Gathered Dataran Merdeka Opp Mp Gathered Dataran Merdeka
News2 days ago

Opposition MPs Gather At Dataran Merdeka After Finding Roads Leading To Parliament Closed

The previous week of Parliament reconvening has been nothing short of a spectacle. With raised voices and small charts, the...


Latest Videos